Clear BO on daily today Higher high formation clear entry done 1200
I AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dashed line--Supportive line **Red dashed line--Resistance line **Red dotted line--hidden resistance line **Black up and down arrow--touches of support...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
BAJAJELEC (W):- 1278.45 CMP, Looks good for more upsides, invalid below (1010 WCB SL)
Key Highlights: 1. Bounced off from the previous support level. 2. Sellers unable to push the price below the psychological level of 1000. 3. Some increase in volume. 4. Continuous Bullish divergence. 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 1100. Disclaimer: This is NOT investment advice....
Buy Zone :: below 1080 and/or above 1130 (price should sustain / retrace this 1130+ level) StopLoss :: 1010 Use the Resistance Zones (Red boxes) as targets Reasons for increased probability:: ---------------------------------------------- -- increase in volumes below 1150 levels. -- Price brokeout the bearish resistance Trendline and good Demand...
Apollo Micro Systems Ltd. NSE:APOLLO NSE:APOLLO CMP: 125 Target: 140 SL: 115 Time Frame < 3months Risky but profittable 12% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading...
NSE:BAJAJELEC This is only for positional trade. Short - mid term. 1) On daily time frame, we can see it sustain and took support from 200DMA. Also closed above major support zone of 1075-1100 level range. Please refer below chart : 1day Time Frame. Keep your positional Trade with strict SL.
bajajelec is under going Wyckoff Distribution Schematic #2: Bearish since Feb 2021
Bajaj Electricals - Cmp 984 Looks good for long with sl 912 on closing basis. Reason: 1. Favorable risk reward as near to major support area. 2. Hidden bullish divergence
Stock has moved up after making double bottom and has broken the resistance zone to make new ATH. There are 2 possible scenarios mentioned in the chart for stock's future journey. Kindly wait for right levels before taking any trade. Intra - Buy if sustains above 1167 for 5-10 mins Swing - Need to wait for 15-30 min candle close above 1167
Bajaj Electric had a wonderful breakout on the last trading session with decent volume. can be taken entry on retest as the risk now looks higher. Trading at ATH.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Apart from the stocks and sectors mentioned in the video, I forgot to mention a few more stocks that I had shortlisted. They are, BAJAJELEC GLENMARK WIPRO The key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels. For the accurate...
The stock is taking support at 50ema multiple times. Today the stock has formed strong bullish candle with good volumes. CMP: 517 Target: 550